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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 162500 times)
blockchainbits26
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April 25, 2018, 09:37:28 PM
 #2581

For those with mining experience, I have a few questions if anyone could help:

Giga Watt is currently selling an Antminer D3 Dash Miner with PSU included for $1,800 on their website. The power consumption is 1275W.

First question, how many tokens do I need for 1,275W? If I remember correctly, I'd need just over 1,400 tokens, but I'm not positive on that so just curious.

Second, I see the same Antminer D3 Dash Miners on Amazon, brand new, for less than $500. Here's one example: https://www.amazon.com/gp/product/B07573ZJ3D/ref=ox_sc_mini_detail?ie=UTF8&psc=1&smid=ATYD8270939LY

Is there any difference between the two? I don't think the Amazon one comes with a PSU, but those don't seem to be more than $200.

Here's one with a PSU for $644:
https://www.amazon.com/gp/product/B0785DK2CG/ref=ox_sc_act_title_1?smid=A10U3NT2NHJTWG&psc=1

As I already have more than 1,400 tokens, could I in theory buy the Amazon Antminer, a PSU, and ship it to Gigawatt? It would seem to be a LOT cheaper than the current $1,800 price. I'm not criticizing Giga Watt because I'm probably wrong, and I realize selling miners is probably their main long-term business strategy, just curious why there's such a steep price difference.
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cryptoDahu
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April 26, 2018, 06:09:47 AM
 #2582

how many tokens do I need for 1,275W? If I remember correctly, I'd need just over 1,400 tokens, but I'm not positive on that so just curious.
you need 1275W + 10% = 1402.5 WTT

$1,800 is an old price from 2017

IMHO with a D3 you never get the ROI, look rather an S9 or L3+ at Bitmain and send to gigawatt
external miner hosting will be possible only from July (according to gigawatt customer service)

PS: stats from my D3 @ gigawatt (with wtt)
mining: 0.0064
hosting: 0.0024
total: 0.004
cuteman
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April 26, 2018, 08:18:48 AM
 #2583

New building update  Smiley

The H frame arrived to Pangborn facility. We have set the concrete pads for it and formed and pouring concrete to placeholders tomorrow. The main line energized. We are proceeding few amendments to engineering plans for mobile substation setting so PUD can approve it in next 2-3 days. Our switchgear is in transition and should be arriving beginning of next week. Once it will be here we will do all the wiring. The rest of equipment requested by PUD was ordered at different vendors to speed up process for permanent power hook up but with mobile substation approval it should not hold us from energizing the site.
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April 26, 2018, 08:21:57 AM
 #2584

Placeholders for H-Frame.    At the back there is a transformer and switchgear pads. On a right there is a control cabinet pad   :




Drilling process for the grounding :




iGotHope
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April 26, 2018, 10:20:57 PM
 #2585

Is gigawatt still around? I've sent two follow up emails through support regarding when I can send my machines since I'm batch 4 & was told a while back that it should be ready by end of March or April. Getting no response at all. If its another delay...Fine I'm cool with that. Just need to know what is going on with the project is all.
server
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April 28, 2018, 10:59:11 AM
 #2586

Is gigawatt still around?

Nope, only cuteman... Gigawatt's propaganda machine Grin

Free Ross Ulbright | If you don't know what the fork is happening, make a safe bet and choose Litecoin.
jambo110
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April 28, 2018, 06:52:34 PM
 #2587

Is gigawatt still around?

Nope, only cuteman... Gigawatt's propaganda machine Grin
Haha

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May 01, 2018, 09:22:07 AM
 #2588

Is gigawatt still around?

Nope, only cuteman... Gigawatt's propaganda machine Grin
Haha
Looks like it too. I sent two email on support. I'm on telegram & getting ignore like they can't read my messages. I mean are we fuck or what?
thinktankideaists
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May 03, 2018, 02:48:55 PM
 #2589

Hey Guys,

I know that many of you are frustrated, by I realized that Gigawatt is just facing problems for lack of planning and predictability.

However, it's just a matter of time now that january and february batches get deployed.

I have 4 Antminers S9 for Batch 6. Payed USD 2,020 each.

I am willing to sell for personal reasons. I would wait a little longer if I could.

Anyone on the buying side interested, let me know.

Regards!

Hey Lucas, are you still looking to sell your S9’s??
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May 05, 2018, 12:59:02 AM
 #2590

Hi.
gigawatt is selling the Antminer L3+ – Certified PSU Included Batch 7 June for 939 USD.
So how long do I have to wait till I can mine with this June 7 batch?

thanks
RedRockMining
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May 05, 2018, 03:47:36 AM
 #2591

Hi.
gigawatt is selling the Antminer L3+ – Certified PSU Included Batch 7 June for 939 USD.
So how long do I have to wait till I can mine with this June 7 batch?

thanks


Where do you see L3+ for sale at Giagwatt? I only see D3, S9 and A200.
jambo110
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May 05, 2018, 04:27:43 AM
 #2592

Current 24hr returns per Antminer L3+

Mined       Hosting      Total
0.0567  -  0.0039  =  0.0528  (approx $8    @ $146.51 per LTC)


 Wink

Current 24hr return on my Antminer L3+

Mined       Hosting      Total
0.056  -  0.0048  =  0.0512

Mined      Hosting      Total
0.056   -   0.0005  =   0.0555     (I have excess tokens which are rented out, so my hosting fee is less)
Current 24hr returns per Antminer L3+

Mined       Hosting      Total
0.0543  -  0.0031  =  0.0512  (/ $10.86    @ $212.11 per LTC) 

Mined       Hosting      Total
0.0518  -  0.003  =  0.0488

Current 24hr returns per Antminer L3+

Mined       Hosting      Total
0.0526  -  0.0031  =  0.0495  (approx $10.16  @ $205.27 per LTC).
Current 24hr returns per Antminer L3+

Mined       Hosting      Total
0.0513  -  0.003  =  0.0484  (approx $10.25  @ $211.73 per LTC).




Current 24hr returns per Antminer L3+

Mined       Hosting      Total
0.0465  -  0.0025  =  0.044  (approx $8.33  @ $189.35 per LTC).


Current 24hr returns per Antminer L3+

Mined       Hosting      Total
0.0395  -  0.0045  =  0.035  (approx $4.22  @ $120.50 per LTC).

Current 24hr returns per Antminer L3+

Mined       Hosting      Total
0.0513  -  0.0039  =  0.0245  (approx $4.21 @ $171.91 per LTC).


filsid
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May 05, 2018, 09:18:25 AM
 #2593

Pangborn Development Site V

Work continues building out the Giga Watt facilities at Pangborn
MAY 4



We have hit our depth of 500 feet for our grounding well and the PUD has signed off on the resistance test that was done. We can now begin backfilling the substation site and prepare it for connecting it to the grid and asphalt.



The company that provided our H-Frame made a mistake on the holes that fit into our concrete columns, they are currently working on a quick solution and we will hopefully have it fixed and installed next week. Our curbs and sidewalks have been formed and poured and next week we will have asphalt being laid as our site will be nearing completion.



The Chelan county PUD is putting a lot of pressure on the county to discontinue home mining operations and some of that FUD is tightening up restrictions and regulations in our county.



Giga-Watt is continuing to work closely with Douglas county PUD to ensure that we get this site up and running as quickly as possible. The PUD assured us that they would be giving us a final checklist and approval of our plans for the mobile substation this week, but they have failed to deliver it and have now informed us they would approve the plans by 10am on Monday.

https://medium.com/gigawatt/ipangborn-development-site-v-2a659eafa586

kalehon
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May 05, 2018, 09:18:44 AM
 #2594

I love projects that bring real help to people, this means that the project has every chance of becoming successful, as it will be profitable to all.
thinktankideaists
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May 05, 2018, 02:41:28 PM
 #2595

Why aren’t the S9’s getting bought right up??  Is there a newer miner coming out soon??
cuteman
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May 05, 2018, 10:45:44 PM
 #2596

Why aren’t the S9’s getting bought right up??  Is there a newer miner coming out soon??
Don't think so. I guess they just don't want to offer miners while they are not sure about deployment terms.
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May 05, 2018, 10:47:46 PM
 #2597

excuses from one of the GW team:

We are sorry for all the inconviniences we may caused!

Please note that we are a startup and we are doing everything we can to meet the deadlines, but the problems we faced are hardly solvable even for big companies. The fact is that it's a completely new field of business and local authorities have never worked with such projects therefore contract negotiations  take unpredictable amount of time.

And now the good news.  We offer a set of unique features and energy prices that nobody does. In fact we don't have any direct competitors. Now we are finalizing the construction works and expect the pod to go live in two or three weeks. We are really doing our best to follow up on our promises and we once again want to thank the happy silent majority for being with us and supporting our project!
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May 05, 2018, 10:55:23 PM
 #2598

Washington Utility Boosts Security After Bitcoin Mining Moratorium

Chelan County PUD had 22 approved high-density load customers using a total of about 13.5 megawatts; 19 pending applications for 16.3 megawatts; and had identified 28 unauthorized operations, with a watchlist of 12 and growing. Of the 28, 19 were shut down. Since then, staff reported finding about three more unauthorized operations each week.

...

It currently has eight commission-approved contracts for loads over 1.5 megawatts, amounting to a total of about 15 megawatts.

Meaghan Vibbert, Douglas County PUD’s public information officer, said the PUD is still accepting applications for crytpocurrency connections, but the system currently has no excess capacity.

...

To date, 10 commercial cryptocurrency mining operations are active in Grant County, with an average load of 16.4 megawatts.

Since summer 2017, Grant PUD has received 125 new service requests that total more than 2,000 megawatts of electricity, about four times the power needed for all homes, businesses, government institutions and industry in the county. About 75 percent of these requests are from cryptocurrency firms.

http://www.govtech.com/public-safety/Washington-Utility-Boosts-Security-After-Bitcoin-Mining-Moratorium.html?AMP
cuteman
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May 05, 2018, 10:55:44 PM
 #2599

Washington Utility Boosts Security After Bitcoin Mining Moratorium

...
Chelan County PUD had 22 approved high-density load customers using a total of about 13.5 megawatts; 19 pending applications for 16.3 megawatts; and had identified 28 unauthorized operations, with a watchlist of 12 and growing. Of the 28, 19 were shut down. Since then, staff reported finding about three more unauthorized operations each week.
...
It currently has eight commission-approved contracts for loads over 1.5 megawatts, amounting to a total of about 15 megawatts.

Meaghan Vibbert, Douglas County PUD’s public information officer, said the PUD is still accepting applications for crytpocurrency connections, but the system currently has no excess capacity.
...
To date, 10 commercial cryptocurrency mining operations are active in Grant County, with an average load of 16.4 megawatts.

Since summer 2017, Grant PUD has received 125 new service requests that total more than 2,000 megawatts of electricity, about four times the power needed for all homes, businesses, government institutions and industry in the county. About 75 percent of these requests are from cryptocurrency firms.

http://www.govtech.com/public-safety/Washington-Utility-Boosts-Security-After-Bitcoin-Mining-Moratorium.html?AMP
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May 06, 2018, 01:58:24 AM
 #2600

Why aren’t the S9’s getting bought right up??  Is there a newer miner coming out soon??

Where are you buying them? If you are referring to the S9s on Giga-Watts miner purchase site:
https://www.gigawatt.sg/shop/bitcoin-miner/antminer-s9-14-0-th-s-psu-included-batch-7-june/

Then at current prices and difficulty it would take between 220 days and 226 days to ROI at Giga-Watt, assuming you do not have to rent WTT.

That's a relatively long time to ROI, and given that the difficulty usually goes up, and with the behavior of BTC prices lately, it's not really a good deal, unless you have a sizable investment in BTC miners already and need to keep it going.

Then if you add in the usual Giga-Watt delays, it gets even worse.

I purchased WTT in batch 1 and bought a L3+ for mid-September 2017 delivery. The miner arrived on time, but due to the delays at the Giga-Watt facility, it didn't come online until 22-December. It was more than 3 months late coming online. When I figured the ROI in September it looked like between 60 and 75 days (LTC price was moving around a bit and difficulty was climbing). That miner still has not reached ROI, and probably will not for a few more months, depending primarily on the price of LTC since network difficulty is rising. It's currently earning ~4.42USD per day (5-May-2018 2157hrs US East Coast Time)

ethOS GPU mining rig Stats || L3+ mining and WTT Tokens @ Giga-Watt
-=O=-
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